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Acceptance of Deposits by an Authorised Dealer/ Authorised Bank from Persons Resident outside India

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....it (i) under the Non-Resident (External) Account Scheme (NRE account), specified in Schedule 1, from a nonresident Indian; (ii) under the Foreign Currency (Non-Resident) Account Banks Scheme, (FCNR(B) account), specified in Schedule 2, from a non-resident Indian; (iii) under the Non-Resident (Ordinary) Account Scheme, (NRO account), specified in Schedule 3, from any person resident outside I....

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Acceptance of Deposits by an Authorised Dealer/ Authorised Bank from Persons Resident outside India